Mixed options sentiment in Occidental Petroleum with shares down 1.92%

Mixed options sentiment in Occidental Petroleum (OXY), with shares down $1.27 near $64.97. Options volume running well above average with 185k contracts traded and calls leading puts for a put/call ratio of 0.4, compared to a typical level near 0.27. Implied volatility (IV30) dropped 1.47 near 42.61, in the highest 10% of observations over the past year, suggesting an expected daily move of $1.74. Put-call skew steepened, indicating increased demand for downside protection.